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SalaryLocation: Remote (For Non-Local) or Hybrid (Local to NYC area)
About Capital Rx
Capital Rx is a next generation pharmacy benefits manager, overseeing prescription benefit plans on behalf of employers, unions, and government entities. Determined to transform an outdated model, Capital Rx’s mission is to change the way prescription benefits are priced and administered in the US, unlocking enduring social change. Through our platform approach, Capital Rx delivers data-driven insights and actionable strategies that reduce costs, while improving patient outcomes. Our commitment to innovation, technology and service is the reason why Capital Rx is among the fastest-growing PBMs in the country.
Position Responsibilities:
- Direct and execute day-to-day pricing and underwriting for new and renewing business opportunities
- Coordinate with Sales, RFP response, and other business functions to submit timely and complete RFP responses
- Collaborate with Executive Team and other business functions to design, refine, and maintain internal underwriting, financial modeling, and financial reporting SOPs
- Support client contracting, including validation that contract terms align with proposal underwriting parameters
- Present final underwriting to Sales and Executive Team and be able to articulate any potential risk
- Support continued development and maintenance of underwriting and financial reporting system infrastructure
- Mine external data to determine best underwriting practices for each business opportunity
- Manage multiple projects and deadlines as needed
- Work collaboratively across the organization to communicate and support ongoing financial analytics and reporting needs
- Support analysis and development of pricing models for new products
- Support general business needs, as required
Required Qualifications:
- Bachelor’s degree, with record of strong academic performance in Accounting, Finance, Actuarial Science, Statistics, or Economics (In lieu of a degree, equivalent relevant work experience may be considered)
- 2+ years of proven experience in financial analysis, actuarial services, accounting, pricing & underwriting
- Pharmacy, PBM, or Health Plan experience required
- Knowledge of risk management, statistics, financial modeling
- Data mining experience working with large structured and unstructured data sets
- Proficient in Excel and data visualization tools
- Experience in either SQL, SAS, or R required
- Track record of leading cross-functional initiatives, driving high performance, meeting deadlines, and executing on deliverables
- Ability to balance multiple complex projects simultaneously
- Exceptional technical, analytical, and problem-solving skills
- Exceptional written and verbal communication skills
- Extremely flexible, highly organized, and able to shift priorities easily
- Attention to detail & commitment to delivering high quality work product
Base Salary: $100,000 - $120,000
This range represents the low and high end of the anticipated base salary range for the NY - based position. The actual base salary will depend on several factors such as: experience, knowledge, and skills, and if the location of the job changes.
Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
